Scholastic Corporation (SCHL)
Debt-to-equity ratio
May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 946,500 | 1,018,100 | 1,164,500 | 1,218,400 | 1,182,300 |
Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $946,500K
= 0.00
The debt-to-equity ratio of Scholastic Corporation, as indicated in the provided data, remains consistently at 0.00 across all observed periods from May 31, 2021, through May 31, 2025. This stability over multiple years suggests that the company has not utilized long-term or short-term debt financing during this timeframe. The absence of debt implies that Scholastic’s capital structure is solely equity-based, relying entirely on shareholder equity for its financing needs. This financial configuration indicates a conservative approach to leverage, potentially minimizing interest expense and financial risk. However, it may also limit opportunities for growth or expansion that leveraged funds could facilitate. Overall, the consistently zero debt-to-equity ratio signifies a debt-free financial position for Scholastic Corporation over the observed period.
Peer comparison
May 31, 2025